OppFi, an online consumer lender that went public last year, is offering its nearly 80,000-square-foot office in One Pru at 130 E. Randolph St. In Chicago’s East Loop to new users, Crain’s Chicago Businessreported. The space spans four floors at the 41-story building and could be subleased through part or all of OppFi’s lease term through August 2030.
“While we would love to retain our premier space downtown, we believe that our company can continue to operate efficiently and effectively with a hybrid model,” the company said.
OppFi plans to retain some space but is open to subleasing the entre office and relocating, said Cushman & Wakefield’s Dan Maslauski, who is marketing the space on behalf of the company.
As of July 1, there were nearly 6.3 million square feet of downtown offices available for sublease, or 95% more than when the COVID-19 pandemic began, according to CBRE data.
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).